ComEd 2008 Annual Report Download - page 21

exelon฀generation
Exelon฀Nuclear
Exelon฀Nuclear,฀the฀nation’s฀largest฀operator฀of฀commercial฀nuclear฀reactors,฀
continued฀to฀perform฀at฀world-class฀levels฀in฀2008฀as฀highlighted฀by฀its฀best฀
year฀ever฀in฀safety฀performance,฀which฀included฀the฀lowering฀of฀the฀fleet’s฀total฀
industrial฀safety฀accident฀rate฀by฀25฀percent.฀Exelon฀Nuclear’s฀10฀generating฀฀
stations฀and฀17฀reactors฀in฀the฀Midwest฀and฀Mid-Atlantic*฀regions฀achieved฀an฀
average฀capacity฀factor฀of฀93.9฀percent฀in฀2008,฀the฀sixth฀consecutive฀year฀฀
our฀capacity฀factor฀exceeded฀93฀percent,฀and฀produced฀about฀131.9฀million฀฀
megawatt-hours฀of฀electricity,฀enough฀power฀to฀steadily฀supply฀approximately฀฀
15฀million฀modern฀U.S.฀homes.฀
The฀fleet฀also฀achieved฀its฀best฀overall฀summer฀performance฀on฀record,฀achieving฀
a฀combined฀98.6฀percent฀capacity฀factor,฀and฀set฀new฀company฀standards฀for฀OSHA฀
Recordable,฀Industrial฀Safety฀and฀on-line฀performance฀during฀the฀three-month฀
summer฀period.฀The฀company’s฀8,500฀nuclear฀professionals฀also฀implemented฀
industry฀best฀practices฀to฀ensure฀safe,฀reliable฀operation฀throughout฀the฀fleet,฀
earning฀numerous฀industry฀awards฀and฀recognition฀for฀their฀efforts.฀
Additionally,฀the฀company฀took฀full฀control฀of฀the฀security฀forces฀protecting฀its฀
nuclear฀facilities฀–฀hiring฀about฀1,500฀nuclear฀security฀employees฀in฀2008;฀filed฀
its฀first฀ever฀Combined฀Construction฀and฀Operating฀License฀application฀with฀the฀
U.S.฀Nuclear฀Regulatory฀Commission฀(NRC)฀to฀potentially฀build฀and฀operate฀a฀new฀
dual฀unit฀nuclear฀generating฀facility฀in฀Victoria฀County,฀Texas;฀and฀filed฀for฀a฀
20-year฀license฀extension฀with฀the฀NRC฀for฀its฀reactor฀facility฀at฀Three฀Mile฀Island฀
Unit฀1฀in฀Pennsylvania.฀Exelon฀Nuclear฀expects฀a฀decision฀on฀the฀relicensing฀of฀
the฀Oyster฀Creek฀Station฀in฀New฀Jersey฀in฀2009.
Exelon฀Power
Exelon฀Power’s฀fleet฀of฀fossil฀and฀hydroelectric฀units฀in฀Illinois,฀Maryland,฀
Massachusetts,฀Pennsylvania฀and฀Texas฀provided฀nearly฀11฀million฀megawatt฀hours฀
of฀reliable฀generation฀in฀2008.฀With฀105฀units฀at฀23฀different฀sites,฀Exelon฀Power฀
can฀provide฀almost฀8,000฀megawatts฀of฀safe,฀efficient฀and฀environmentally฀
responsible฀base฀load,฀intermediate฀and฀peak฀power฀generation.฀Over฀the฀past฀
few฀years,฀Exelon฀Power฀has฀made฀great฀strides฀in฀optimizing฀the฀performance฀of฀
its฀units฀and฀maintenance฀programs฀while฀continuing฀to฀perform฀safely฀to฀provide฀
the฀company฀with฀the฀right฀power,฀at฀the฀right฀time,฀and฀at฀the฀right฀price.฀
Exelon฀Power฀Team
Exelon฀Power฀Team฀is฀the฀power฀marketing฀division฀of฀Exelon.฀Its฀role฀is฀to฀฀
manage฀the฀risk฀and฀maximize฀the฀economic฀value฀associated฀with฀Exelon’s฀
electric฀generating฀facilities,฀power฀purchase฀agreements,฀fuel฀requirements,฀
emission฀credits,฀transmission฀contracts฀and฀load฀obligations.฀Power฀Team’s฀
wholesale฀marketing฀and฀transaction฀efforts฀are฀focused฀on฀the฀competitive฀฀
electricity฀markets฀in฀several฀regions฀of฀the฀United฀States:฀the฀Mid-Atlantic,฀฀
the฀Midwest,฀the฀Northeast,฀the฀Southwest฀and฀Texas.฀Power฀Team’s฀trade฀฀
floor฀and฀headquarters฀are฀located฀in฀Kennett฀Square,฀Pa.
Exelon฀Energy฀markets฀electricity฀and฀natural฀gas฀to฀retail฀customers฀in฀the฀
Midwest.฀Exelon฀Energy฀has฀offices฀in฀Illinois,฀Ohio฀and฀Pennsylvania.
exelon฀business฀services฀company
Exelon฀Business฀Services฀Company฀(EBSC)฀is฀a฀direct,฀wholly-owned฀subsidiary฀฀
of฀Exelon฀Corporation฀that฀serves฀as฀a฀strategic฀partner฀to฀provide฀quality฀
products฀and฀services฀at฀the฀lowest฀cost฀for฀all฀Exelon฀companies.฀EBSC฀practice฀
areas฀include฀Communications,฀Corporate฀Strategy,฀Finance,฀Government฀
and฀Environmental฀Affairs฀and฀Public฀Policy,฀Human฀Resources,฀Information฀
Technology฀(IT),฀Legal฀and฀Corporate฀Governance,฀Real฀Estate,฀Supply,฀Operational฀
Governance฀and฀Quality฀Control฀and฀Commercial฀Operations฀such฀as฀accounts฀
payable฀and฀payroll.
EBSC฀has฀approximately฀1,700฀employees฀in฀northern฀Illinois,฀Pennsylvania฀and฀฀
at฀virtually฀every฀Exelon฀business฀location,฀delivering฀value฀by฀providing฀cost฀฀
and฀operating฀efficiencies,฀high-quality฀service฀and฀developing฀enterprise-wide฀
and฀organization-specific฀solutions.
In฀2008,฀EBSC฀improved฀its฀overall฀performance฀and฀service฀levels,฀including฀IT฀
service฀reliability฀and฀client฀satisfaction.฀In฀addition,฀EBSC฀helped฀launch฀green฀
initiatives฀in฀support฀of฀Exelon฀2020,฀notably฀programs฀to฀reduce฀energy฀฀
consumption฀by฀25฀percent฀across฀our฀facilities฀by฀the฀end฀of฀2012฀and฀leadership฀
of฀the฀Electric฀Utility฀Industry฀Sustainable฀Supply฀Chain฀Alliance.฀Importantly,฀the฀
Diverse฀Business฀Enablement฀program฀directed฀$455฀million฀of฀Exelon’s฀spend฀on฀
materials฀and฀services฀to฀minority-฀and฀women-owned฀business฀enterprises.
*฀Excluding฀the฀Salem฀Nuclear฀Generating฀Station฀in฀New฀Jersey,฀which฀is฀operated฀by฀PSEG฀Nuclear,฀LLC.
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